TRMD vs. DHT
TRMD (TORM plc) and DHT (DHT Holdings, Inc.) are both stocks. Both operate in the Oil & Gas Midstream industry within the Energy sector. Over the past 5 years, TRMD returned 44.51%/yr vs 32.02%/yr for DHT. At a 0.45 correlation, their price movements are largely independent.
Performance
TRMD vs. DHT - Performance Comparison
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Returns By Period
In the year-to-date period, TRMD achieves a 58.13% return, which is significantly higher than DHT's 54.52% return.
TRMD
- 1D
- 5.06%
- 1M
- 1.83%
- 6M
- 37.79%
- YTD
- 58.13%
- 1Y
- 77.92%
- 3Y*
- 22.26%
- 5Y*
- 44.51%
- 10Y*
- —
DHT
- 1D
- 4.90%
- 1M
- 6.67%
- 6M
- 40.59%
- YTD
- 54.52%
- 1Y
- 74.34%
- 3Y*
- 37.73%
- 5Y*
- 32.02%
- 10Y*
- 22.43%
TRMD vs. DHT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TRMD TORM plc | 58.13% | 11.21% | -23.37% | 31.64% | 297.66% | 12.91% | -25.94% | 84.18% | -22.59% |
DHT DHT Holdings, Inc. | 54.52% | 40.04% | 3.58% | 24.07% | 73.87% | 1.41% | -20.52% | 118.96% | 7.46% |
Correlation
The correlation between TRMD and DHT is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2018 | 0.45 |
Over the past year, TRMD and DHT have become more correlated (0.70) than their long-term average of 0.45, meaning their price movements have been converging.
Fundamentals
TRMD:
$3.02B
DHT:
$2.86B
TRMD:
$3.40
DHT:
$2.06
TRMD:
8.67
DHT:
8.62
TRMD:
0.09
DHT:
0.29
TRMD:
2.12
DHT:
5.05
TRMD:
1.34
DHT:
2.32
TRMD:
$1.41B
DHT:
$566.07M
TRMD:
$575.03M
DHT:
$268.69M
TRMD:
$639.99M
DHT:
$450.13M
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Return for Risk
TRMD vs. DHT — Risk / Return Rank
TRMD
DHT
TRMD vs. DHT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TORM plc (TRMD) and DHT Holdings, Inc. (DHT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TRMD | DHT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.34 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.50 | 4.51 | -1.01 |
| Martin ratioReturn relative to average drawdown | 9.19 | 10.76 | -1.57 |
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Drawdowns
TRMD vs. DHT - Drawdown Comparison
The maximum TRMD drawdown since its inception was -60.59%, smaller than the maximum DHT drawdown of -97.12%. Use the drawdown chart below to compare losses from any high point for TRMD and DHT.
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Drawdown Indicators
| TRMD | DHT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.59% | -97.12% | +36.53% |
Max Drawdown (1Y)Largest decline over 1 year | -23.53% | -17.18% | -6.35% |
Max Drawdown (3Y)Largest decline over 3 years | -60.59% | -24.96% | -35.63% |
Max Drawdown (5Y)Largest decline over 5 years | -60.59% | -34.44% | -26.15% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.56% | — |
Current DrawdownCurrent decline from peak | -13.49% | -64.33% | +50.84% |
Average DrawdownAverage peak-to-trough decline | -22.50% | -76.31% | +53.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.96% | 7.19% | +1.77% |
Volatility
TRMD vs. DHT - Volatility Comparison
The current volatility for TORM plc (TRMD) is 13.04%, while DHT Holdings, Inc. (DHT) has a volatility of 16.06%. This indicates that TRMD experiences smaller price fluctuations and is considered to be less risky than DHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRMD | DHT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.04% | 16.06% | -3.02% |
Volatility (6M)Calculated over the trailing 6-month period | 29.13% | 29.23% | -0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.27% | 36.01% | +2.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.26% | 38.70% | +7.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.70% | 41.66% | +18.04% |
Dividends
TRMD vs. DHT - Dividend Comparison
TRMD's dividend yield for the trailing twelve months is around 8.21%, which matches DHT's 8.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHT DHT Holdings, Inc. | 8.28% | 6.06% | 10.76% | 11.72% | 1.35% | 2.50% | 25.81% | 2.42% | 2.04% | 5.57% | 17.15% | 6.55% |
TRMD TORM plc | 8.21% | 10.32% | 30.13% | 23.05% | 6.99% | 0.00% | 14.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TRMD vs. DHT - Financials Comparison
This section allows you to compare key financial metrics between TORM plc and DHT Holdings, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TRMD vs. DHT - Profitability Comparison
TRMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, TORM plc reported a gross profit of 157.74M and revenue of 395.84M. Therefore, the gross margin over that period was 39.9%.
DHT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, DHT Holdings, Inc. reported a gross profit of 112.62M and revenue of 186.48M. Therefore, the gross margin over that period was 60.4%.
TRMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, TORM plc reported an operating income of 135.10M and revenue of 395.84M, resulting in an operating margin of 34.1%.
DHT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, DHT Holdings, Inc. reported an operating income of 107.66M and revenue of 186.48M, resulting in an operating margin of 57.7%.
TRMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, TORM plc reported a net income of 120.52M and revenue of 395.84M, resulting in a net margin of 30.5%.
DHT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, DHT Holdings, Inc. reported a net income of 164.53M and revenue of 186.48M, resulting in a net margin of 88.2%.
Frequently Asked Questions
TRMD and DHT have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DHT has higher volatility (16.06%) compared to TRMD (13.04%). In terms of maximum drawdown, TRMD dropped -60.59% vs DHT's -97.12%.
TRMD currently has the higher Sharpe Ratio (2.16 vs 2.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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